Mr Kupoluyi stated, “The 2025 budget fell short of delivering the scale and quality of fiscal stimulus required to support recovery.”
The local currency traded at N1,452.79 to the dollar on Monday, N1,448.20 on Tuesday, and N1,444.42 on Wednesday.
The president of CIoD, Adetunji Oyebanji, said on Monday in Lagos that the development would significantly boost Nigeria’s global reputation.
The FATF is the world’s leading body for setting standards against money laundering, terrorist financing, and proliferation financing.
He said the inclusion of digital assets in the ISA 2025 provided the country with an avenue to exit the grey list.
“Most of them source money to finance their transactions from the open market, and that is one of the reasons why naira is depreciating,” said BDC operators.
All banks and other financial institutions are hereby required to immediately comply with the provisions of the guidelines.
The disappearance of Bawa ensures that the job of fighting impunity for grand corruption in Nigeria does not stand any chance of success.
The organisation said it was concerned over the growing threat of money laundering and terrorism financing.
The anti-graft organisation believes that the new policy was “a major step to curb dirty money”.
